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Old 15.08.2017, 12:20
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French Rental Property Tax

Hey all,

We are going halves with a friend from UK on a ski apartment in France, we plan to use it and also rent it out. Expected rental income for us is around 7-8k Euro before deductions for costs/mortgage etc.

From what I can see, no wealth tax would apply as we are far below the 1.3m limit, but income tax would. Anyone have recent experience of this? Do you know how it works/what we are likely to pay?

The property is furnished and as above will generate for our 50% 7-8k Euro per annum best case, all of which would go towards the mortgage and we would pay an additional 2k in general property taxes and service charges. We live and pay tax in Switzerland.

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